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Global Energy Technology for Telecom Networks Grows with CAGR of 31.18%

Author: QYResearch  |   Published Date: 2021-12-07   |   Views: 30



Energy technology refers to the combination of hardware, techniques, skills, methods and processes used in the production of energy and the provision of energy services and the way about producing, transforming, storing, transporting and using energy.

 

In the field of communications, the main battery technology route is Lithium-Ion Batteries Technology and Lead-Acid Batteries Technology, etc. Due to the higher voltage, higher energy density and cycle life of lithium-ion batteries, it is imperative for lithium-ion batteries to replace lead-acid batteries in the field of communication energy storage in the future.

 

According to this latest study,  global Energy Technology for Telecom Networks market size will be a year-over-year revenue growth rate of 36.05% in 2021, from US$ 3099.29 million in 2020. Over the next five years the Energy Technology for Telecom Networks market will register a 31.18% CAGR in terms of revenue, the global market size will reach US$ 16377.97 million by 2026.

 

Competition in the industry is quite fierce. The main manufacturers include Samsung SDI, LG Energy Solution, CATL, Coslight Group, Narada Power Source, BYD, Sacred Sun, HIGH STAR, Zhongtian Technology, Gotion High-tech, Shenzhen Center Power Tech, Higee, etc. Among them, Samsung SDI has the largest market share in 2020, accounting for 14.35 %.

 

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